Broadridge and Novisto Transform Sustainability Reporting Landscape

Broadridge Partners with Novisto for Enhanced Sustainability Solutions

Pioneering software empowers organizations to effectively manage risks and opportunities through efficient sustainability data capture, analysis, and reporting.

Innovative Collaboration for Enhanced Reporting

Broadridge Financial Solutions, Inc. (NYSE: BR), a prominent Fintech leader, has partnered with Novisto, an innovative enterprise sustainability software provider. This collaboration aims to develop an advanced sustainability data management and reporting platform catering to companies globally. With services spanning over 100 countries, Broadridge is committed to helping public companies navigate the complexities of today's reporting environment through scalable and innovative solutions.

This collaboration highlights Broadridge's dedication to delivering state-of-the-art technologies that respond to the increasing global demand for thorough sustainability and non-financial reporting. The goal is to assist organizations in meeting evolving investor expectations, simplifying third-party requests, and enhancing engagement with stakeholders around the world.

Meeting Investor and Regulatory Demands

As the focus on sustainable business practices intensifies among investors and regulators, it has become essential for companies to implement efficient methods for capturing, analyzing, and reporting sustainability-related data. According to Ryan Wade, General Manager of Broadridge Corporate Issuer, "Our collaboration with Novisto enables management teams to generate high-quality, investor-ready disclosures that align with both voluntary and regulatory standards. This is pivotal for maintaining investor trust and regulatory compliance."

Broadridge's Reach and Expertise

Broadridge serves over 3,400 public companies in the United States, providing a comprehensive array of critical services related to shareholder meetings, corporate governance, regulatory filings, and sustainability disclosures. Together with Novisto, Broadridge delivers a unique suite of solutions that simplifies the processes involved in managing sustainability data, benchmarking peers, and providing strategic consultations. This comprehensive offering is designed for ease in collecting, analyzing, auditing, and reporting sustainability data.

The Impact of Novel Technologies

Charles Assaf, CEO of Novisto, expressed enthusiasm about the partnership, stating, "We are excited to collaborate with Broadridge, a renowned expert in corporate issuer solutions. Novisto’s cutting-edge technology in sustainability reporting, combined with Broadridge's established reputation in data and technology, creates a solid foundation for transforming corporate reporting processes."

Navigating Global Reporting Standards

As businesses grapple with growth while conforming to an increasingly complex regulatory environment, reliable sustainability data has become crucial. Recent insights from the IFRS Foundation indicate that a growing number of jurisdictions are adopting ISSB Standards within their legal frameworks, underscoring the demand for consistent and standardized reporting across the globe. Companies require robust data management platforms to fulfill enhanced disclosure obligations effectively.

Setting New Benchmarks in Sustainability Solutions

Broadridge and Novisto aim to set a new benchmark in sustainability reporting solutions, ensuring that companies remain leaders in their industries while adeptly responding to the changing expectations of their stakeholders.

About Novisto

Novisto is the go-to sustainability data management and reporting software for enterprises worldwide. By streamlining the processes for collecting, auditing, and reporting ESG data, Novisto equips sustainability and finance teams with the confidence that their disclosures are precise and dependable. The company has received accolades from top industry analysts and has been recognized as a Deloitte Technology Fast 50™ award winner.

About Broadridge

Broadridge Financial Solutions (NYSE: BR) is a global leader in technology solutions, providing the innovations and expertise required to help clients in the financial services sector thrive. Broadridge powers vital activities such as governance, investor communications, and operations, facilitating superior investor experiences and driving business performance.

Frequently Asked Questions

What does the collaboration between Broadridge and Novisto involve?

The partnership focuses on creating an advanced sustainability data management and reporting platform for companies aiming to meet investor demands and regulatory requirements.

How does this partnership benefit companies?

Companies benefit from streamlined processes for data management, comprehensive sustainability disclosures, and improved stakeholder engagement.

What are the regulatory implications of sustainability reporting?

Growing regulatory expectations emphasize the need for reliable sustainability data and standardized reporting practices globally.

Who are the key players in the collaboration?

Broadridge Financial Solutions and Novisto are the main entities collaborating to enhance sustainability reporting solutions.

What industries could benefit from these solutions?

Various industries that seek to improve their sustainability reporting and engage with stakeholders can leverage these sophisticated solutions.

About The Author

Hello, my name is Ryan Hughes. I am a financial, economics, and stock market specialist committed to assisting people in negotiating the intricacies of the financial system. Having a great deal of experience and a thorough grasp of market dynamics and economic trends, my area of expertise is converting complex financial ideas into understandable, practical knowledge. By use of my articles and blog entries, I hope to give you the information and assurance you need to make wise financial choices.

I've had the honor of interacting with a wide range of readers as a writer for several financial blogs, from new investors to seasoned market participants. To enable you to reach your financial goals, I want to make finance, economics, and stock market trends understandable and approachable. I appreciate you traveling with me toward success and financial literacy.

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